earnings
Stories tagged earnings.
Lululemon Q2 comp sales fall 9% as CEO transition looms
Lululemon’s second-quarter earnings missed expectations, with comparable sales sliding 9% and the Americas down 12%. Former Nike executive Heidi O’Neill takes over as CEO on Sept. 8.
Bath & Body Works Tops Q2 Expectations Despite Sales Slip
Bath & Body Works reported a 2.3 percent decline in second-quarter sales to $1.5 billion, but still beat Wall Street estimates. Digital sales grew 3 percent, the first increase since 2021, while in-store sales fell 5.4 percent.
Haidilao's takeaway business surges 121% as it expands into lower-tier cities
China's largest hotpot chain Haidilao saw takeaway revenue surge 121% in the first half, as the Hong Kong-listed group diversified into new formats and expanded into lower-tier markets despite a soft economy.
Bath & Body Works Reports Q2 Sales Dip but Amazon Channel Triples
Bath & Body Works reported a 2.3% decline in net sales to $1.5 billion for Q2 2026, yet the company sees progress from its turnaround plan as Amazon sales tripled sequentially.
Lanvin Group H1 Revenue Falls 13% as Turnaround Measures Take Hold
Shanghai-headquartered Lanvin Group reported a 13% year-on-year decline in first-half revenue to €101 million, even as the company cited improving momentum and expanded gross margins.
Dolce & Gabbana secures bank waiver as revenues dip 2%, debt rises
Dolce & Gabbana reported a 2% revenue decline to €1.86 billion for the fiscal year ended March 31 and secured a bank waiver after breaching loan covenants.
Klarna cuts full-year revenue and volume outlook on German retail weakness
Swedish BNPL provider Klarna trimmed its full-year volume and revenue forecast on Tuesday, citing tough conditions in Germany. Shares plunged 17% in premarket trading.
Asia travel retail rebound powers Estée Lauder’s return to growth
Source signal: Reigniting growth: Asia travel retail recovery buoys The Estée Lauder Companies’ full-year results
Target receives nearly $1B in tariff refunds, plans to lower prices
Target received $994 million in pre-tax tariff refunds in its second quarter, giving its operating income a major boost and prompting plans to invest in lower prices.
Coty Beats Revenue Estimates, Names New CFO Amid Gucci License Exit
Coty topped Wall Street sales forecasts in its fiscal fourth quarter and appointed Soraya Benchikh as CFO, even as it navigates the loss of the Gucci Beauty license and reports a wider net loss.
TJX to Accelerate Store Openings as Off-Price Momentum Continues
The parent company of TJ Maxx, Marshalls and HomeGoods plans to lift its store growth rate to 4% next year, targeting 7,500 global stores long-term as off-price demand remains strong.
Tapestry quarterly sales rise 8.9% as Coach demand offsets Kate Spade weakness
Tapestry Inc reported an 8.9% rise in quarterly sales, boosted by resilient demand for Coach handbags, though weakness at Kate Spade tempered its annual revenue outlook.
Metro Retail First-Half Profit Jumps 45% on Store Expansion and Margin Gains
Source signal: Its retail network expanded to 84 stores.
On misses quarterly sales estimates as consumer pullback and tariff costs weigh
Swiss sportswear maker On reported second-quarter net sales below Wall Street expectations on Tuesday, citing a tougher consumer environment and higher costs from US tariffs.
E.l.f. Beauty Lifts Fiscal 2027 Sales Forecast to $1.93-$1.96 Billion
E.l.f. Beauty raised its full-year fiscal 2027 sales outlook to $1.93 billion-$1.96 billion after a strong first quarter, putting the company on track to approach $2 billion in annual revenue.
Lucid details $1.4B savings plan, delays midsize EV to next year
New CEO Silvio Napoli’s operational reset prioritizes $1.4 billion in cash savings, an overdue midsize EV, the Saudi Arabia factory and robotaxis.
SpaceX Revenue Doubles to $7.8B in First Post-IPO Quarterly Report
SpaceX reported Q2 2026 revenue of $7.8 billion, up 92% year-over-year, driven by Starlink growth and AI compute deals with Anthropic and Google.
Snap CEO Deflects Specs Pre-Order Questions on Q2 Earnings Call
Evan Spiegel avoided giving preorder numbers for Snap's $2,195 Specs smart glasses during the Q2 earnings call, saying consumers need hands-on experience before mass adoption, which he expects only near the end of the decade.
Google Cloud revenue surges 82% to $24.8B, easing AI spending concerns
Alphabet's Google Cloud revenue jumped 82% year-over-year to $24.8 billion, driven by enterprise AI adoption, helping the company post record profits of $112.1 billion.
IBM Reports Disappointing Quarter as Mainframe Sales Drop 42%
IBM's mainframe business plunged 42%, causing the company to miss Wall Street expectations and its stock to fall 25% in a single day. CEO Arvind Krishna attributed the decline to AI data center spending temporarily diverting corporate hardware budgets.
Watches of Switzerland Group Posts 11% Revenue Growth for Full Year 2026
The retailer reported record revenue of £1.8 billion, up 11%, and a 76% jump in statutory profit before tax to £133 million for the year ended 3 May.
Nike Faces ‘Show Me’ Moment Ahead of Earnings Report
Nike is under pressure as investors seek signs of stabilization, with sales declining in seven of the past eight quarters.
H&M Q2 Profit Misses Expectations, Raising Turnaround Doubts
H&M reported weaker-than-expected second-quarter earnings, casting uncertainty over its turnaround strategy amid fierce competition and cautious consumer spending.
H&M Faces Investor Scrutiny Over Sales Growth Strategy
The Swedish fast-fashion retailer is expected to report improved earnings from cost cuts, but investors will focus on its plan to revive sustainable top-line growth in second-quarter results.